What best describes the relationship between blockchain technology and cryptocurrencies?
The blockchain is built, recorded, and stored on cryptocurrencies.
Cryptocurrencies are built, recorded, and stored on the blockchain.
Blockchain technology and cryptocurrencies are the same thing.
There is no relationship between blockchain technology and cryptocurrencies.
Understanding the Relationship Between Blockchain Technology and Cryptocurrencies
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The correct answer is: Cryptocurrencies are built, recorded, and stored on the blockchain.
Explanation: Blockchain technology serves as the underlying framework that enables the operation of cryptocurrencies. It is a decentralized ledger that records all transactions made with cryptocurrencies securely and transparently, ensuring trust among users.